NOT LISTED FOR SALE

111 N Clinton St Olean, NY 14760

9 Beds
4.5 Baths
4,574 Sq Ft
5,279 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $58,000 $13 Per Sq Ft

19 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Woodwork
  • Property is near public transit
  • Attic
  • 2-minute walk to Lincoln Park

About This Home

As of May 2024

Investment Opportunity! This Four Unit Rental House Is Available And On The Market! Apartment Layout Includes a Two Bedroom, Three Bedroom, Four Bedroom, Plus a Basement Studio. The Basement Studio is Currently Rented. The Other Apartments Are In Need Of Rehab To Be Rented. Recently This Building Has Been Converted From a Boarding Style House Into Single Family Apartments And Once Rehabbed Will Be In Full Compliance With City Codes And Ordinances. Professionally Managed And The Current Management Company Would Continue Management If Requested. Estimated Gross Rental Income Is Projected To Be $4000.00 Per Month Fully Occupied And Operating. Building Utilities Must Be Included In The Rent As They Are Not Separated Between Apartments. This Building Is Owned By A Licensed Real Estate Broker.

Last Agent to Sell the Property

Todd VanDyke

Listing by RE/MAX On Point Brokerage Phone: 716-581-0724 License #10491212754 Listed on: 04/05/2024

RE/MAX On Point

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,278 Sq Ft Lot
  • Lot Dimensions are 45x116
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 4,574 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Ceiling Fan
  • Storage
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Olean Senior High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • 4 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes common area maintenance, electricity, gardener, heat, hot water, snow removal, trash collection, water
  • Tax Lot 14
  • Assessor Parcel Number 041200-094-065-0007-014-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

5,278 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 716-581-0724
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: 111 North Clinton Street, Olean NY 14760
  • Architectural Style: Fourplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Attic, Ceiling Fan(s), Storage, Natural Woodwork
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Stories: 3
  • Stories: 3

Exterior Features

  • Fencing: Partial
  • Acres: 0.1212
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Fence
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Paved

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-065-0007-014-000-0000
  • Lot Dimensions: 45X116
  • Lot Size Sq Ft: 5278.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5413.0
  • Tax Lot: 14
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $58,000 -10.6% $13 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $64,900 -34.4% $14 / Sq Ft
12/07/2017 12/07/17 Sold $98,900 -14.0% $21 / Sq Ft View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $115,000 -- $24 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,845 $45,000 $3,700 $41,300
2023 $3,765 $100,000 $3,700 $96,300
2022 $3,819 $100,000 $3,700 $96,300
2021 $4,715 $120,000 $3,700 $116,300
2020 $791 $20,000 $3,700 $16,300
2019 $300 $20,000 $3,700 $16,300
2018 $1,079 $20,000 $3,700 $16,300
2017 $811 $20,000 $3,700 $16,300
2016 $1,696 $20,000 $3,700 $16,300
2015 -- $20,000 $3,700 $16,300
2014 -- $20,000 $3,700 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1530221

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.065-7-14

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